Common use of No Effect on Capital Structure Clause in Contracts

No Effect on Capital Structure. This Nonstatutory Option shall not affect the right of the Corporation or any Affiliate to reclassify, recapitalize or otherwise change its capital or debt structure or to merge, consolidate, convey any or all of its assets, dissolve, liquidate, windup, or otherwise reorganize.

Appears in 1 contract

Samples: Option Plan Nonstatutory Stock Option Agreement (Cairn Energy Usa Inc)

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No Effect on Capital Structure. This Nonstatutory Option shall not affect the right ------------------------------ of the Corporation or any Affiliate to reclassify, recapitalize or otherwise change its capital or debt structure or to merge, consolidate, convey any or all of its assets, dissolve, liquidate, windup, or otherwise reorganize.

Appears in 1 contract

Samples: Incorporated Stock Option Agreement (Citadel Computer Systems Inc)

No Effect on Capital Structure. This Nonstatutory Incentive Option shall not affect the right of the Corporation Company or any Affiliate thereof to reclassify, recapitalize or otherwise change its capital or debt structure or to merge, consolidate, convey any or all of its assets, dissolve, liquidate, windup, or otherwise reorganize.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (El Chico Restaurants Inc)

No Effect on Capital Structure. This Nonstatutory Incentive Option shall not affect the right of the Corporation or any Affiliate to reclassify, recapitalize or otherwise change its capital or debt structure or to merge, consolidate, convey any or all of its assets, dissolve, liquidate, windup, or otherwise reorganize.

Appears in 1 contract

Samples: Option Plan Incentive Stock Option Agreement (Cairn Energy Usa Inc)

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No Effect on Capital Structure. This Nonstatutory Option shall not affect the right of the Corporation Company or any Affiliate thereof to reclassify, recapitalize or otherwise change its capital or debt structure or to merge, consolidate, convey any or all of its assets, dissolve, liquidate, windup, or otherwise reorganize.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (El Chico Restaurants Inc)

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